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Asian Restaurant & Popular Feng Cha Franchise for the Price of One

Austin, TX
Asking Price:$550,000
Rent:$19,000/Month
Gross Revenue:$1,450,000
Established Year:2017
Listing ID: 2254343Listing provided by BizBuySell
BUSINESS DESCRIPTION

Capture Steady Foot Traffic in a Prime College Community Location

Explore this unique investment opportunity that combines the best of two worlds: a fully equipped, operational restaurant and a thriving Fengcha milk tea franchise, all offered for the price of one. Located adjacent to ACC Community College, this dual business venture benefits from continuous foot traffic, creating a steady stream of customers throughout the year.

Key Features:

Prime Location: Situated on the first floor of an apartment complex right next to a bustling community college, ensuring high visibility and accessibility.
Fully Equipped Restaurant: Take immediate control of a ready-to-operate restaurant with a modern kitchen that includes all necessary cooking equipment, seating, and dining essentials.
Established Fengcha Franchise: Capitalize on the popularity of Fengcha, a well-loved brand known for its quality and appeal among young adults and tea enthusiasts alike.
Versatile Business Potential: The connected spaces offer flexibility in operation, allowing for potential expansion or diversification of the current business model.
Community Hub: Both the restaurant and the milk tea shop serve as a central gathering spot for students and local residents, ideal for fostering community relations and ensuring customer loyalty.
This sale represents a rare chance to own a multifaceted business with dual income streams in a highly desirable area. Whether you are a seasoned restaurateur or a new entrepreneur, this opportunity provides everything needed to take over and thrive from day one.

DETAILED INFORMATION
Location
Austin, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,780
Lease Expiration
01/01/2027
Employees
10
Facilities
This unique dual business opportunity features two connected spaces on the first floor of an apartment complex adjacent to ACC Community College, maximizing visibility and accessibility. The fully-equipped restaurant includes a modern commercial kitchen with all necessary appliances for Vietnamese cuisine, a contemporary dining area that accommodates a variety of group sizes, and ample storage space.The adjoining Fengcha franchise boasts a specialized tea and beverage station, trendy seating ideal for the college crowd, an advanced point of sale system.
Competition
The restaurant and Feng Ccha franchise are situated in a prime location next to ACC Community College, tapping into a dense market of students, faculty, and local residents. This area is known for its high foot traffic and consistent customer base, driven by the college’s activities and the residential community.
Growth & Expansion
Full-service restaurant and a popular milk tea franchise, and potential for menu diversification and expanded services like catering. However, challenges include operational complexities of managing two distinct business models, potential market saturation with competitive food and beverage outlets, dependency on the academic calendar for consistent customer flow, and possible limitations due to franchise rules and local regulations. Balancing these factors is crucial for successfully leveraging growth opportunities while managing risks.
Support & Training
Offering support and training after the purchase of a business can greatly ease the transition for new owners.
Reason for Selling
Moving to another industry
Franchise
This business is an established franchise
BUSINESS LOCATION
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Khanh Huyen
Phone Number
Khanh Huyen
Call Phone